SNXUSD: Bullish but approaching a Resistance. Trade breakout or SNXUSD is haveing the strongest two week streak since July 25th 2022, whose High formed R2 (4.4450). The R/R in buying that deep into the bullish wave is not favorable as despite the R1 at 3.3900, the price has the 1W MA200 as its main Resistance, which has not allowed weekly candle closings above it for 11 months (since August 15th 2022).
Consequently with the 1D time-frame highly overbought (RSI = 76.564, MACD = 0.230, ADX = 34.978), we will wait for a buy either after a pullback to the 1D MA50 or after a 1W candle closes over the 1W MA200. Either way, our long term target is the R2 (TP = 4.4450).
Keep in mind that the bullish trend on the long term is favored as the 1W MACD completed a Bullish Cross last week, under the 0.00 level, which shows significant upside potential.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Cryptos
AGLDUSD Should pull back now and will be a buy opportunity.AGLDUSD is having a very bullish day with the RSI (1d) making Higher Highs.
This pattern was previously seen on February 7th.
The price following that High, dropped sharply but immediately recovered, forming a Channel Up.
Trading Plan:
1. Buy near 0.90000.
Targets:
1. 1.90000 (Resistance 1 and top of Channel Up if it repeats February's price action).
Tips:
1. The RSI (1d) indicates that any price under 35.00 is a buy opportunity for the long term. Use it accordingly.
Please like, follow and comment!!
LINKUSD: Strongest day of the year testing the Channel's top.LINKUSD is having the strongest 1D candle of the year, turning the 1D time-frame technically overbought (RSI = 73.130, MACD = 0.370, ADX = 25.207). This rise may have taken the price above both the 1D MA50 and 1D MA200 but just hit the top of the 8 month Channel Down. Technically that is a sell signal, targeting the bottom of the High Variance Belt (TP = 7.000).
If the price crosses above the top of the Channel Down and invalidates it, we won't go long just yet, but rather wait for R1 (8.8000) to break and then buy aiming at R2 (TP = 9.65000).
A weekly closing over the R2, justifies a long term hold position on LINK.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
BITCOIN: The 4H Death Cross can deliver 32800.BTCUSD is on neutral 1D technicals (RSI = 48.291, MACD = 346.700, ADX = 26.388) which indicates its still consolidating despite today's sharp drop that turned the 4H time-frame red. We are expecting a 4H Death Cross to be formed today or tomorrow, which even though bearish in technical nature, it has been this year, in peculiar fashion, a bullish signal.
This chart shows that the April 24th and February 14th Death Cross patterns delivered a strong rebound of +11.30% and +18.00% respectively. On all fractals, the 4H MACD formed a Bullish Cross from the oversold region.
Consequently, we are expecting another (at least) +11.30% rebound (TP = 32,800).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
OPUSD: Channel Up to test the 2 month Resistance.OPUSD is on a stellar rise within a Channel Up that is supported by the 1D MA50 and very balanced bullish technicals on the 1D timeframe (RSI = 63.931, MACD = 0.054, ADX = 31.710). The 1D MACD shows significant upside potential and we will take this opportunity to buy and target the LH trendline (TP = 1.8000).
The Resistance Zone is between R1 (1.87500) and the 1D MA200. If the price closes over the 1D MA200 we will buy the breakout and target the 0.786 Fibonacci level, just under R2 (TP = 2.79500).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
BCH/USDT will probably go out of the banner shock!BCH/USDT will probably go out of the banner shock!
🚀📈 Exciting News! 📉🚀
📉 BCH/USDT has recently experienced 5 consecutive days of slight decline, indicating the release of short selling momentum.
But wait, there's more! 📈 The positive trend is pulling up, showing signs of a potential upward surge! 💹
💪 With the closest support around 225.04 (June 29, 2023 opening price), the outlook is promising for potential rebounds! 📊
🚩 Get ready for a flag-shaped oscillation pattern ahead, offering opportunities for both short-term traders and long-term investors! 📈🚩
🌟 Don't miss out on this golden opportunity!
Stay tuned for potential profits as BCH/USDT prepares for exciting price movements!
#BCH #USDT #ForexTrading
SUIUSD Above the 1day MA50. Strong Buy.SUIUSD crossed above its 1day MA50 for the first time in its short history.
That is a strong technical bullish breakout signal.
Buy and target the 0.382 Fibonacci level at 0.95500, which is also near a potential Channel Up pattern that may emerge.
The 1day RSI is under 60.00, indicating that this move has significant upside ahead.
Further buying can be performed only after a 1day candle closes over the 0.5 Fibonacci, in which case you can target the 0.618 Fibonacci at 1.23450.
Follow us, like the idea and leave a comment below!!
HBARUSD: Is ahead of a big long term bullish breakout.HBARUSD is above its 1D MA50 but still inside the February Channel Down, restrained under the 1D MA200 but with the 1D technicals bullish (RSI = 62.752, MACD = 0.001, ADX = 27.218). The 1D MA200 has been unbroken since May 2nd so it is our technical trigger. A cross over it, will be a buy entry, targeting the 0.618 Fibonacci level (TP = 0.0700). An early bullish indication comes from the 1D MACD, which is turning upwards in contrast with the sequence on the last bullish leg that turned downwards on April 17th.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
CELOUSD: Neutral right now. Trade the breakouts.CELOUSD hit today the 1D MA200 after rebounding on the 1D MA50, forming the S1 (0.47250), being stranded essentially between the two. The 1D timeframe remains on bullish technical indicators though (RSI = 61. 619, MACD = 0.011, ADX = 41.243), making a bullish breakout above February's Channel Down quite likely. We will wait for that top to break and buy aiming at the R1 (TP = 0.73850).
Conversely, if the S1 breaks, we will sell aiming at the S2 (TP = 0.41000).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Bitcoin in serious juncture.We had Positive XRP news that affected the market positively through the week. The market is ready to accept such. But 32 000 +- needs to be broken.
Right now w/Crypto markets and GOLD we are recoiling. Bitcoin is BULLISH all year long. A breakout will mean a Bull run and will catch momentum !
Bitcoin short-term update - next targets 🐻🐂Bitcoin short-term update
(a) BTC reached my bullish target of 27,950👀
(b) next more distant bearish target at 26,666🐻
(c) next bullish target at 29,305🐂
How was your day so far dear Crypto Nation?😎
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
AVAXUSD: testing the 1D MA200 and top of 6 month Channel Down.AVAXUSD hit today the 1D MA200 for the first time since May 8th and almost reached the top of the Channel Down pattern. With the 1D timeframe turning bullish (RSI = 67.628, MACD = 0.250, ADX = 21.860) but the RSI also at the top of its own Channel Down, we want to get a confirmation of a breakout before buying and that will be above the R1 (17.6000), otherwise we will wait for a 1D MA50 retest. Either way, our medium term target is the R2 (TP1 = 21.5000) and long term the R3 (TP2 = 30.8000).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
XRPUSD: Broke above its 1W MA100 for the first time in 15 monthsXRPUSD is having an immense rally today following the latest market news that pushed the price over the 1W MA100 for the first time since April 26th 2022! The 1D technicals are bullish (RSI = 68.180, MACD = 0.000, ADX = 23.552) but should end overbought soon and the R1 (0.65615) is the final barrier before a new parabolic rally starts.
We will use the R1 as a retest level, if the price crosses above it and retests it successfully as Support, we will buy and target the R2 level (TP = 0.8000). It has to be noted that today's breakout not only crossed above the 1W MA100 but also the 1 year Channel Up pattern. Any pull back near the 1D MA50 will be a great buy opportunity.
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
1INCHUSD: Short term buy and bullish breakout target.1INCHUSD crossed over the 1D MA50 today for the first time in almost 3 months (April 19th). As the 1D timeframe turned technically bullish again (RSI = 57.661, MACD = -0.003, ADX = 31.888) we are going on a short term buy, targeting the top of the six month Channel Down (TP = 0.38500).
A candle close over the 0.382 Fibonacci level, will be a bullish breakout signal, directed to the 0.786 Fibonacci (TP = 0.59500).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
FTTUSD Rebounding off the 1D MA200 and targeting the 2023 High.FTTUSD, the FTX Token, held the 1D MA200 and since yesterday it is rebounding with aggression on a 1D timeframe that turned bullish again (RSI = 61.498, MACD = 0.102, ADX = 42.568). As the LMACD is about to form a Bullish Cross, this leg is the second wave of the rally to the R1 we spoke of last month. We are therefore adding an extra long, targeting the Resistance (TP = 2.7000).
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
WAVESUSD: First time above the 1W MA50 in more than 1 year.WAVESUSD crossed above the 1W MA50 for the first time since April 18th 2022. With the 1W time frame turning neutral (RSI = 48.860, MACD = -0.216, ADX = 28.633) this should be treated as a first indication of a long term trend change but will get validated only if the 1W candle is closed above the MA50.
We will go long on that signal and will target the R2 on the long term (TP = 6.55000).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
KASUSD This is how Kaspa can reach 0.1000 in August.Kaspa / KASUSD is rising today after approaching the 1day MA50.
At the same time, the 1day RSI bounced on a Rising Support in a way similar to January 31st.
As you see, Kaspa's price action is so far cyclical. A vast rise corrects to a Fibonacci level then a Channel Up leads the price to the next price jump.
As long as the 1day MA50 holds, buy and target the -0.382 Fibonacci level at 0.1000 projected on the next rally.
Previous chart:
Follow us, like the idea and leave a comment below!!
HEXUSD: Buy signal on an RSI Bullish Divergence.HEXUSD is on a price Double Bottom while the the 1D RSI is rising for more than 3 weeks. This Bullish Divergence has been spotted on another two price Double Bottoms in the past 12 months. With the price also under the 1D MA50, on July 12th 2022 and October 15th 2022, that Bullish Divergence initiated a rally that peaked at +158% and 71.80% respectively. We are buying this structure and aim at another +150% rise (TP = 0.01700).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##